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8 Tips To Get the Most Out of Your Investors and Board

Both Sides of the Table

By spending more time educating your board on your business you get more valuable advice from them. Understanding where your VC partner sits in their respective fund and where their fund is in the cycle of its investment lifecycle will help you understand your VCs behavior. But asking your board will keep them engaged.

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Building Great Founding Teams

Steve Blank

(However, in some industries such as life sciences, founders may be tenured professors who are not going to give up their faculty positions, so they often become the head of a startup’s scientific advisory board, but aren’t part of the founding team.). A couple of caveats about founders with “ideas.” And what is critical is trust.

Cofounder 335
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Vision versus Hallucination – Founders and Pivots

Steve Blank

We’re building the wrong product!” Tossing their agile development process and at times their entire business model in the air, the company would go into fire-drill mode and engineering would start working on whatever his latest insight was. he’d declare. “We We got to pivot now.” Find a Brainstorm Buddy.

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Startup Resources

www.vccafe.com

Agile project management tool that enables real time collaboration. Great for visualizing work of product development. Agile project management. agile product management. agile product management and Scrum tool. agile product management and Scrum tool. Agile eLearning.

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Startup Tools

steveblank.com

Github - Free public repositories, collaborator management, issue tracking, wikis, downloads, code review, graphs Pivotal Tracker – Agile project management tool that enables real time collaboration. Blogs (VC): Antonio Rodriguez [link] – A very technical VC at Matrix partners who can actually code.

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[Excerpt] Earlyvangelists: The Most Important Customers of All

ReadWriteStart

They can be relied on for feedback and initial sales; they’ll tell others about the product and spread the word that the vision is real. Moreover, they can be potential advisory board candidates. Build a Minimum Viable Product (MVP) First. MVPs for Web/Mobile Are Different.

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Case Study: Using an LOI to get customer feedback on a minimum.

Startup Lessons Learned

– Eric Ries In April of 2009 my partner and I had an idea for a web app, a B2C platform that we are selling as SaaS [software-as-a-service]. – Eric Ries In April of 2009 my partner and I had an idea for a web app, a B2C platform that we are selling as SaaS [software-as-a-service]. Expo SF (May.